Civil construction says new cost increase is desperate – 06/08/2021 -Panel SA

Civil construction costs rose again in May, according to the INCC (National Construction Cost Index), which in the last 12 months, grew by more than 15%, the highest for the period since November 2003, according to data released this Tuesday (8) by FGV.

It is despair for the sector, in the words of the president of CBIC (Brazilian Chamber of Construction Industry), José Carlos Martins.

According to him, international prices for inputs, such as steel and copper, are above normal, and Brazil has barriers that make imports difficult, with high taxes and technical barriers. “It is even difficult to know whether these prices are true or not,” he says.

Despite the acceleration of civil construction last year, the rise in price may cause a reduction in activities, with a drop in property launches and offers, in addition to jeopardizing contracts already signed, says Martins.

with Mariana Grazini e Andressa Motter

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